20 nov 2013

French group Carrefour will inaugurate Thursday its 25th hypermarket in Romania and the new unit is located in Shopping City Galati, developed by South-African real estate investment fund New Europe more

20 nov 2013

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20 nov 2013

RCS&RDS, held by Romanian entrepreneur Zoltan Teszari, won about half a million new clients for fixed internet services in two and a half years, and now controls half of this market segment, according more

20 nov 2013

French insurance giant AXA is in final negotiations to sell its Romanian subsidiary to the largest insurer on the market, Romanian-held Astra, according to market sources. The decision to withdraw more

20 nov 2013

The largest franchisee in the LaDoiPasi network developed by German group Metro Cash&Carry, which operated six stores under the LaDoiPasi - For Family brand, has moved to Carrefour. more

20 nov 2013

Gross underwritten premiums of the ten largest insurers in Romania stood at almost 5 billion lei (EUR1.12 billion) in January-September, a mere RON35 million more than in the year-ago period, more

19 nov 2013

Fashion retailer Kenvelo Group Romania wants to open an online store next year and expand its store network by 20 units, Philippe Besadoux, the general manager of the company, said Tuesday. more

19 nov 2013

Romania’s tourism sector is facing great workforce migration and only 10% of hotel employees keep their jobs for more than one or two years, Razvan Filipescu, head of the National Tourism Authority, more

19 nov 2013

Romania’s natural gas producer Romgaz (SNG.RO) will start exploration drilling next year in two Black Sea oil blocks in a project where it partners up with a firm controlled by Russian giant Lukoil, more

19 nov 2013

Romanian state-run hydropower producer Hidroelectrica will appoint new Supervisory Board members on December 1, Minister-delegate for Energy Constantin Nita told a news conference Tuesday. more

19 nov 2013

Romania’s electricity production hit 8,700 megawatts Tuesday, this year’s record high, and the country exported 1,000 MW, Minister-delegate for Energy Constantin Nita said Tuesday. more

19 nov 2013

The Bucharest stock market rose 0.58% Tuesday and the bourse’s liquidity was low on reduced appetite from investors. more

19 nov 2013

New car registrations in Romania fell 17.5% on the year to 5,600 units in October, the sharpest decline in Central and Eastern Europe and in EU, excepting Cyprus, the European Automobile Manufacturers more

19 nov 2013

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19 nov 2013

Ziarul Financiar on Monday celebrated 15 years since its market launch through two events, one at the Bucharest Bourse and another at the headquarters of the National Bank of Romania, through the more

19 nov 2013

Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compared with more

19 nov 2013

Ziarul Financiar officially opened the trading session of the Bucharest Stock Exchange on Tuesday, November 18, 15 years from the launch of the newspaper’s first issue. The event brought together more

19 nov 2013

Companies in the service outsourcing business are having trouble finding employees in Romania because of the decline in the performance of the country’s educational system, says Roxana Tesiu, HR more

19 nov 2013

Registrations of used cars imported from Western Europe increased again in October, according to data released by the Driving License and Vehicle Registration Department (DRPCIV). more

19 nov 2013

Construction companies have to ”reset” the construction market and take the present as a reference point, not the 2007-2008 period, when there was an almost “surreal euphoria,” believes Liviu more

18 nov 2013

Hungarian pharmaceutical company Egis said Monday it registered sales of EUR19.2 million in Romania in the fiscal year ended September 2013, 8% higher on the year. more

18 nov 2013

Romanian insurer Allianz-Tiriac Asigurari registered underwritten premiums of 677.5 million lei (EUR152.2 million) in the first nine months of 2013, up about 1% on the year. more

18 nov 2013

Street front retail space rents continued to rise in Romania and currently exceed EUR7 per square meter/month in Bucharest, according to real estate platform SpatiiComerciale.ro. more

18 nov 2013

The Bucharest stock exchange opened up Monday and investment fund Fondul Proprietatea (FP.RO) secured almost 60% of the value of overall share transfers on the main market, worth some 11 million lei more

18 nov 2013

Transfers with the shares of Romanian state-run natural gas producer Romgaz (SNG.RO) on the Bucharest bourse reached 136.5 million lei (EUR31 million) in four days of trading, a record high more